http://pictureperfectsandiego.com/2008/07/17/whos-fault-is-it-anyway/ Picture Perfect San Diego Real Estate Blog Sat, 17 Jul 2010 20:01:40 -0700 http://wordpress.org/?v=2.8.4 hourly 1 http://pictureperfectsandiego.com/2008/07/17/whos-fault-is-it-anyway/comment-page-1/#comment-19 In Shallow Waters Mortgage Blog| Doug Fujikawa Fri, 18 Jul 2008 04:59:57 +0000 http://pictureperfectsandiego.com/2008/07/17/whos-fault-is-it-anyway/#comment-19 Mary, I agree with you. Somewhere along the line buying a home became more of an investment decision than an emotional one. With all the wealth that was created during the real estate boom, I think buyers, sellers, lenders, and agents got a little too comfortable and forgot that investments by nature are speculative and have inherent risk. I see a lot of similarities between the boom and bust of the dot com era and what we are experiencing today in real estate. The stock market eventually recovered and so will real estate. Mary, I agree with you. Somewhere along the line buying a home became more of an investment decision than an emotional one. With all the wealth that was created during the real estate boom, I think buyers, sellers, lenders, and agents got a little too comfortable and forgot that investments by nature are speculative and have inherent risk. I see a lot of similarities between the boom and bust of the dot com era and what we are experiencing today in real estate. The stock market eventually recovered and so will real estate.

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